Professional tools and equipment manufacturer Snap-on (NYSE:SNA) will be reporting results tomorrow before the bell. Here’s what you need to know.

Snap-on missed analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $1.25 billion, flat year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ organic revenue estimates.

Is Snap-on a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Snap-on’s revenue to be flat year on year at $1.30 billion, slowing from the 4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.81 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Snap-on has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Snap-on’s peers in the industrial machinery segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Kennametal’s revenues decreased 2.7% year on year, missing analysts’ expectations by 1%, and Stanley Black & Decker reported flat revenue, topping estimates by 3.8%.

Read our full analysis of Kennametal’s results here and Stanley Black & Decker’s results here.

Investors in the industrial machinery segment have had steady hands going into earnings, with share prices up 1.7% on average over the last month. Snap-on is up 6% during the same time and is heading into earnings with an average analyst price target of $331.75 (compared to the current share price of $355.75).

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